Are you doing reasearch to find more competitive Ford Expedition insurance in Denver? Feeling guilty for buying high-priced Ford Expedition insurance in Denver? It's a common feeling and many consumers are feeling buyer's remorse and feel like there's no way out.
A recent car insurance study discovered that over 70% of consumers kept their coverage with the same car insurance company for four years or more, and approximately 38% of consumers have never compared car insurance rates at all. Many consumers in the United States could cut their rates by almost $860 a year, but they just assume it's a time-consuming process to compare rate quotes online. Many insurance companies compete to insure your vehicles, and it can be difficult to compare rates to find the absolute lowest cost out there.
If you are already insured or just want cheaper coverage, follow these tips to get lower rates without having to cut coverage. Finding the cheapest insurance coverage in Denver is much easier if you know where to start. Consumers only need to know the most effective way to compare price quotes using one simple form.
The best way to compare insurance rates in your area takes advantage of the fact all the major auto insurance companies actually pay money for the chance to provide you with a free rate quote. The only thing you need to do is give the companies some data including if you're married, if the vehicle is leased, your credit rating estimate, and if a SR-22 is needed. Your information is automatically sent to multiple different insurance companies and they return quotes almost instantly.
To start a quote now, click here and enter your coverage details.
The companies shown below can provide free quotes in Denver, CO. If multiple providers are shown, it's highly recommended you visit several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Expedition SSV 2WD||$246||$346||$308||$18||$92||$1,010||$84|
|Expedition XLT 2WD||$182||$326||$388||$22||$116||$1,034||$86|
|Expedition SSV 4WD||$210||$354||$404||$24||$120||$1,112||$93|
|Expedition XLT 4WD||$266||$464||$286||$16||$86||$1,118||$93|
|Expedition Eddie Bauer 2WD||$226||$400||$308||$18||$92||$1,044||$87|
|Expedition Limited 2WD||$240||$492||$388||$22||$116||$1,258||$105|
|Expedition Eddie Bauer 4WD||$250||$434||$298||$18||$90||$1,090||$91|
|Expedition King Ranch 4WD||$204||$332||$304||$18||$92||$950||$79|
|Expedition King Ranch 2WD||$164||$288||$286||$16||$86||$840||$70|
|Expedition Limited 4WD||$368||$630||$304||$18||$92||$1,412||$118|
|Get Your Own Custom Quote Go|
Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in specific zip code location which can change coverage prices substantially.
Auto insurance prices based on gender
The diagram below shows the difference between Ford Expedition auto insurance costs for male and female drivers. The premiums are based on a clean driving record, no claims, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no discounts are applied.
Full coverage rates compared to liability-only
The diagram below visualizes the comparison of Ford Expedition insurance costs with and without physical damage coverage. The premiums assume a clean driving record, no claims, $250 deductibles, single male driver, and no other discounts are factored in.
Are you wasting money paying for full coverage?
There is no clear-cut formula to exclude physical damage coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of the vehicle's replacement cost less your deductible, then it could be time to drop full coverage.
For example, let's say your Ford Expedition claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $5,000 after the policy deductible has been paid. If premium cost is more than $500 annually for your policy with full coverage, then you might want to consider buying only liability coverage.
There are some circumstances where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you don't have enough money to buy a different vehicle if your current one is damaged, you should not consider dropping full coverage.
Get affordable Ford Expedition insurance in Denver with discounts
Insurance can be pricey, but there's a good chance there are discounts to help offset the cost. Some discounts apply automatically when you get a quote, but a few need to be requested specifically before you get the savings.
- Bundled Policy Discount - If you have multiple policies with one company you may save nearly 15% which can help you find affordable Ford Expedition insurance rates in Denver.
- Drivers Education - Make teen driver coverage more affordable by requiring them to enroll and complete driver's education if offered at their school.
- Claim-Free Discount - Insureds who avoid accidents and claims can save substantially when compared to accident-prone drivers.
- Anti-lock Brake System - Anti-lock brake equipped vehicles can stop better under adverse conditions so companies give up to a 10% discount.
- Discount for Home Ownership - Owning a house in Denver can save you money because owning a home is proof of financial responsibility.
- Seat Belt Discounts - Drivers who always wear seat belts and also require passengers to fasten their seat belts may be able to save a few bucks off PIP or medical payments premium.
- Early Renewal Discounts - A few insurance companies offer discounts for switching companies before your current expiration date. You can save around 10% with this discount.
- Accident Waiver - Not a discount per se, but a few companies such as Liberty Mutual, Allstate and State Farm may permit one accident without the usual rate increase as long as you don't have any claims before the accident.
- Discount for Good Grades - Maintaining excellent grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students up until you turn 25.
- Discounts for Government Workers - Federal government employees can earn a discount up to 10% but check with your company.
Keep in mind that most discounts do not apply to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, you're out of luck. Any amount of discount will bring down your insurance premiums.
Insurance companies that may have most of the discounts above are:
If you need affordable Denver auto insurance quotes, ask each company or agent how many discounts you can get. Some credits may not be offered everywhere. If you would like to see a list of providers with significant discounts in Denver, click this link.
Why You Might Pay Lower Rates in Denver
Many different elements are part of the equation when premium rates are determined. Some are obvious such as traffic violations, although others are more transparent like your continuous coverage and annual miles driven.
Be proud to be claim-free - Companies in Colorado provide lower rates to insureds who only file infrequent claims. If you file a lot of claims you can look forward to higher premiums or even policy non-renewal. Your car insurance is designed for major claims that would cause financial hardship.
City dwellers may pay more - Having an address in smaller towns and rural areas of the country can save you money when insuring your vehicles. Urban drivers regularly have more aggressive driving styles and more severe claims. Less people living in that area corresponds to lower accident rates and a lower car theft rate.
Gender and insurance costs - Statistics show that women are safer drivers than men. This data doesn't prove that males are worse at driving than females. Both genders cause fender benders in similar percentages, but males have accidents that have higher claims. In addition to higher claims, males also receive more costly citations like DUI and reckless driving.
Accidents are costly - Getting just one chargable violation can increase rates substantially. Drivers who don't get tickets receive lower rates as compared to careless drivers. Drivers who have received multiple violations such as DUI or willful reckless driving may face state-mandated requirements to prove financial responsibility with their state's licensing department in order to legally drive a vehicle.
Ford Expedition insurance loss data - Companies use historical loss data to determine a rate that will be profitable for them. Models that the data determines to have a trend towards higher claim severity or frequency will have increased rates.
The table below outlines the collected loss data for Ford Expedition vehicles. For each policy coverage, the loss probablilty for all vehicles compiled together is equal to 100. Numbers below 100 indicate a favorable loss history, while numbers above 100 indicate higher probability of having a loss or an increased likelihood of larger losses.
Car Insurance Loss Data for Ford Expedition Models
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Expedition 4dr 2WD||67||88||82||55||45||70|
|Ford Expedition 4dr 4WD||70||98||90||54||62||56|
|Ford Expedition EL 4dr 2WD||74||104||97||52|
|Ford Expedition EL 4dr 4WD||88||96||110||63||60||96|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Shop online but buy locally
A small number of people still like to buy from a local agent. Professional agents can help you build your policy and help submit paperwork. The best thing about comparing auto insurance online is you can get cheap auto insurance quotes and also buy local. Buying from and supporting local agents is definitely important in Denver.
To find an agent, once you fill out this short form, your insurance data is instantly submitted to participating agents in Denver that can provide free Denver auto insurance quotes for your business. You won't need to contact any insurance agencies as quotes are delivered directly to you. In the event you want to quote rates for a specific company, you can always visit that company's website to submit a rate quote request.
When finding a reliable insurance agent, it can be helpful to understand the different types of agents and how they can service your needs differently. Auto insurance policy providers are classified as either exclusive or independent agents depending on their company appointments. Both types of agents can insure your vehicles, but it is important to understand how they are different since it could factor into your selection of an agent.
Independent Auto Insurance Agencies
Agents that elect to be independent are normally appointed by many insurers so they have the ability to put coverage through lots of different companies and potentially find a lower price. If your premiums go up, they simply move your policy to a different company and you don't have to switch agencies.
When comparing rate quotes, we recommend you get several quotes from a couple of independent agencies to have the most options to choose from.
Shown below is a partial list of independent agencies in Denver that can possibly get you price quotes.
Exclusive Auto Insurance Agents
Exclusive agencies are contracted to one company and examples are American Family, State Farm, and Allstate. They usually cannot provide prices from multiple companies so keep that in mind. Exclusive agents receive a lot of sales training on what they offer which helps them compete with independent agents.
Shown below is a list of exclusive insurance agents in Denver that are able to give comparison quotes.
Finding a good car insurance agent is decision based upon more than just a cheap price quote. A good agent in Denver will have answers to these questions.
- Will the company cover a rental car if your car is getting fixed?
- Will your rates increase after a single accident?
- If you are a high risk driver, do they have special markets for your coverage?
- Is their price quote a firm figure or are their hidden costs?
- Will they make sure you get an adequate claim settlement?
- Do they carry Errors and Omissions coverage?
- Do they offer claims assistance after hours?
- Do the companies they represent have a solid financial rating?
There's no such thing as the perfect car insurance policy
When quoting and choosing the right insurance coverage for your vehicles, there is no cookie cutter policy. Every situation is different.
For example, these questions can aid in determining if your insurance needs would benefit from an agent's advice.
- What is no-fault insurance?
- Does insurance cover damages from a DUI accident?
- Are rock-chip repairs free?
- When can I cancel my policy?
- When would I need rental car insurance?
- What is glass protection for?
- Do I need added coverage for expensive stereo equipment?
- What is high-risk coverage and where do I buy it?
If you're not sure about those questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form. It is quick, free and can provide invaluable advice.
Is there deception in advertising?
Colorado consumers can't avoid all the ads for auto insurance savings from companies such as Progressive, GEICO, Allstate and State Farm. They all say the same thing that you can save just by moving your coverage to them.
It sounds good, but how can they all make the same claim? Just pay attention to how they say it.
Insurance providers require specific criteria for the type of customer that will generate a profit. An example of a desirable risk may need to be over the age of 35, is a homeowner, and drives a car with an anti-theft system. Someone that meets those criteria receives the best prices in Denver and therefore will save some money.
Drivers who do not fit this stringent profile may receive a more expensive rate which leads to the customer not purchasing. If you pay attention, the ads say "customers that switch" not "everybody who quotes" can save as much as they claim. That is how companies can state the savings.
Because of this risk profiling, you really should get as many free Denver auto insurance quotes as possible. It's impossible to know with any certainty which company will provide you with the cheapest Ford Expedition insurance in Denver.
Affordable car insurance premiums are out there
You just read many tips how you can shop for Ford Expedition insurance online. It's most important to understand that the more providers you compare, the better your comparison will be. You may even find the lowest rates come from the least-expected company.
People leave their current company for a number of reasons such as policy non-renewal, poor customer service, policy cancellation or even lack of trust in their agent. Regardless of your reason for switching companies, switching companies is less work than it seems.
Some insurance providers may not have internet price quotes and many times these smaller companies prefer to sell through independent agents. Cheaper car insurance in Denver can be sourced both online and from local insurance agents, so you need to compare both in order to have the best chance of saving money.
More information is available below:
- Your Car has been Stolen: Now What? (Allstate)
- How Much are Colorado Auto Insurance Rates for Teenage Males? (FAQ)
- Who Has Cheap Auto Insurance in Colorado? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Honda Civic in Colorado? (FAQ)
- How Much is Colorado Auto Insurance for First-time Drivers? (FAQ)
- What Auto Insurance is Cheapest in Parker, Colorado? (FAQ)
- Who Has Cheap Car Insurance Rates for a Ford Escape in Colorado? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Good Drivers in Colorado? (FAQ)
- Safety Features for Your New Car (State Farm)
- Safe Vehicles for Teens (iihs.org)
- Car Insurance FAQ (Trusted Choice)
- Insurance Losses by Make and Model (iihs.org)